NEW YORK, May 18 (UPI) -- Northwest Airlines cleared its final major legal bankruptcy hurdle Friday when a U.S. bankruptcy judge approved its recovery plan.
NEW YORK, Feb. 15 (UPI) -- Northwest Airlines Corp. expects to be worth $7 billion when it emerges from bankruptcy, the U.S. carrier said Thursday. The world's fifth-largest airline hopes to pay its unsecured creditors at least 74 percent of what they are owed by issuing new stock,
ATLANTA, Feb. 8 (UPI) -- Delta Air Lines plans to exit bankruptcy as an independent company as soon as late April, the U.S. airline says.
CHICAGO, Jan. 20 (UPI) -- A U.S. bankruptcy judge Friday approved a reorganization plan that lets United Airlines end three years of bankruptcy early next month.
CHICAGO, Jan. 19 (UPI) -- A U.S. bankruptcy judge was expected to approve a reorganization plan to allow United Airlines fly out of three years of bankruptcy by Feb. 1.
CLEVELAND, Nov. 2 (UPI) -- GEO Specialty Chemicals of Cleveland Tuesday filed its reorganization plan with the U.S. Bankruptcy Court in New Jersey.
CHICAGO, Aug. 20 (UPI) -- United Airlines said Friday it reached an agreement with creditors on a 30-day extension to file its reorganization plan in U.S. bankruptcy court.
WASHINGTON, Feb. 9 (UPI) -- United Airlines is seeking more time to file a bankruptcy reorganization plan, arguing it would be difficult to meet a March 8 deadline.
CHICAGO, Sept. 19 (UPI) -- Troubled United Airlines got some extra time Friday from a Chicago bankruptcy judge to get its financial house in order.
CHICAGO, April 23 (UPI) -- A U.S. Bankruptcy Court judge has approved Kmart Corp.'s reorganization plan.